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05/09/2026
The Government Savings Banks Act, 1873

1The Government Savings Banks Act, 1873

( ACT NO. V OF 1873 )

[ 28th January, 1873 ]

DEPOSITS BELONGING TO MINORS

Payment of deposits to minor or guardian
10. Any deposit made by, or on behalf of, any minor may be paid to him personally if he made deposit, or to his guardian for his use if the deposit was made by any person other than the minor, together with the interest accrued thereon.
 
 
 
 
The receipt of any minor or guardian for money paid to him under this section shall be a sufficient discharge therefor.
Legalization of like payments heretofore made
11. All payments of deposits heretofore made to minors or their guardians by any Secretary of a Government Savings Bank shall be deemed to have been made in accordance with law.
 
 
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    Throughout this Act, except otherwise provided, the words "Bangladesh" and "Government" were substituted, for the words "Pakistan" and "Central Government" respectively by section 3 and 2nd Schedule of the Bangladesh Laws (Revision And Declaration) Act, 1973 (Act No. VIII of 1973).
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